Oklahoma isn’t the only state that banned investment bank BlackRock from handling state government contracts because of its reported policies against oil and gas, yet it continues financing energy projects. As OK Energy Today has reported over the past month, BlackRock continues to have investments in major oil and gas companies in Oklahoma, yet …
Oklahoma’s legal challenge of the EPA’s rejection last year of the state’s plan to adequately address its contributions to air-quality problems in downwind states, is headed to the D.C. Circuit Court of appeals. Attorney General Gentner Drummond along with Western Farmers Electric Cooperative, owner of a coal-fired electric generating plant in Hugo, filed an …
Candidates for the Texas Railroad Commission answered questions this week about the need for more transparency in the state’s natural gas sector following the Jan. 8 hotel explosion in Fort Worth that left 21 injured. The blast at the Sandman Signature Hotel prompted questions about the safety of the Fort Worth natural gas …
Legal rulings issued this week by Oklahoma Attorney General Gentner Drummond led to the sudden resignation of Tim Gatz as Transportation secretary and director of the Oklahoma Turnpike Authority. In response to a formal opinion request from Sen. Mary Boren, Drummond’s opinion holds that an individual may not simultaneously serve as the Secretary of Transportation, …
The proposed SEC rule to require American companies to report climate-related risks, one opposed by Oklahoma congressman Frank Lucas and others, will be decided in a week. The top regulator on Wall Street seet a March 6 date to decide whether to adopt rules proposed two years ago by the Biden administration in …
** Wall Street’s top regulator will vote on March 6 on whether to adopt rules requiring U.S.-listed companies to report climate-related risks, the agency said in a notice on Wednesday, in a potentially major overhaul of U.S. disclosure rules. ** Senate Minority Leader Mitch McConnell’s (R-Ky.) decision to step down as Senate GOP leader, which he …
The Federal Reserve decisions to hold firm and not cut interest rates in the near future sent US crude oil prices falling Wednesday. At the same time, US crude stockpiles continued to climb, adding more pressure on crude oil prices. West Texas Intermediate crude dropped 33 cents or 0.42% to close at $78.54 a barrel …
Oklahoma U.S. Sen. Markwayne Mullin repeated his efforts this week to urge the Biden administration to drop regulations that are aimed at forcing consumers to dump their fossil fuel vehicles and switch to electric cars and trucks. The GOP Senator joined another member of the Senate Environment and Public Works Committee, Sen. Shelley Moore …
Crude oil stocks made another jump in storage in the U.S. and the Cushing Hub in the past week. Nationally, stocked increased by more than 4 million barrels since February 16 of this year, according to the U.S. Energy Information Administration. They rose from 443 million barrels to 447.2 million barrels as of February …
Oklahoma House Speaker Charles McCall’s push for an electricity production tax on renewable energy sources in the state just renewed an age-old fight between the oil and gas industry and the firms behind wind and solar operations His creation of the tax in the form of HB2950 stunned the wind and solar industry in …